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Broadband

CDP, F2i working on Metroweb recapitalisation plan

Tuesday 14 April 2015 | 10:57 CET | News
Italy's state-backed holding company Cassa Depositi e Prestiti (CDP) and infrastructure fund F2i are working on a plan to recapitalise fibre-optic provider Metroweb, said CDP chairman Franco Bassanini. In a press conference held in Brussels, Bassanini said around EUR 4.5-5.5 billion would be required to meet the government's fibre-optic broadband targets. Under its Strategy for Italian Broadband and Digital Growth 2014-20, the government aims to bring high-speed broadband of 100 Mbps to 85 percent of Italy's population by 2020, as well as 30 Mbps broadband to all Italians. Bassanini added

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Categories: Fixed
Companies: Fastweb / Telecom Italia
Countries: Italy
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